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704b life & income insurance Q&A (policies, loadings, exclusions + more)

Season 7
โ€ข

Life insurance is one the pillars of having a sound financial house so joining Glen on today's episode is adviser Phil Thompson from Skye Wealth to answer all your questions. Glen and Phil discuss:


๐Ÿ‘‰๐Ÿพ are insurance companies allowed to discriminate?

๐Ÿ‘‰๐Ÿฟ whatโ€™s the current landscape for mental health exclusionsย 

๐Ÿ‘‰๐Ÿป 3 major life triggers for getting life insuranceย 

๐Ÿ‘‰ explaining the different types of life insurance

๐Ÿ‘‰๐Ÿผ what to expect when organising your insurance through an adviser

๐Ÿ‘‰๐Ÿฝ my insurance is too expensive, how can I reduce it?

๐Ÿ‘‰๐Ÿฟ at what stage would you NOT need life insurance?

๐Ÿ‘‰๐Ÿป getting insurance direct vs through an adviser

๐Ÿ‘‰ how much cover do you need?

๐Ÿ‘‰๐Ÿผ stepped vs level premiums

๐Ÿ‘‰๐Ÿฝ what do you if youโ€™re medically uninsurableย 


Grab Johnโ€™s new book, Sort Your Property Out & Build Your Future


Book club ๐Ÿ“š This month we're reading, The Psychology of Money by Morgan Housel. Find it on:


Booktopia: https://booktopia.kh4ffx.net/YgP7ZJ

Amazon: https://amzn.to/46tTAzq


Thanks to Skye Wealth for supporting our Thursday show! Connect with the team here


We hate email spam so we donโ€™t create it! Sign up to our newsletter to get only the valuable money, careers and property info you need.


To get help, and to check out our online courses, resources and downloads (+ our disclaimers and warnings), click here.


Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs.


SYMO interactive Pty Ltd & Glen James are authorised representatives of MoneySherpa Pty Ltd which holds financial services licence 451289.

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